Trump to Visit Ford Factory in Michigan to Promote Manufacturing Initiatives
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Manufacturing Advocacy: Trump is set to visit Ford's factory in Michigan on Tuesday to promote his manufacturing initiatives amid concerns over job market weakness and rising prices, highlighting his focus on economic recovery.
- Historical Significance: A Ford spokesperson noted that the Rouge Center is where Henry Ford perfected vertical integration, with thousands of American workers assembling the best-selling F-Series truck, showcasing the strength and value of American manufacturing.
- Economic Activity: This visit coincides with the upcoming Detroit Auto Show, and Trump's itinerary is expected to attract media attention, potentially generating positive sentiment for Ford and the broader automotive industry.
- Election Strategy: Trump's activities in Michigan align with his strategy from 2016 and 2020 to solidify support in key states, further advancing his economic agenda.
Analyst Views on F
Wall Street analysts forecast F stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for F is 12.46 USD with a low forecast of 10.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
2 Buy
9 Hold
1 Sell
Hold
Current: 14.200
Low
10.00
Averages
12.46
High
15.00
Current: 14.200
Low
10.00
Averages
12.46
High
15.00
About F
Ford Motor Company is an automobile company. The Company develops and delivers Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles, along with connected services. The Company’s segments include Ford Blue, Ford Model e, Ford Pro, and Ford Credit. The Ford Blue segment primarily includes the sale of Ford and Lincoln internal combustion engine (ICE) and hybrid vehicles, service parts, accessories, and digital services for retail customers. The Ford Model e segment primarily includes the sale of its electric vehicles, service parts, accessories, and digital services for retail customers. The Ford Pro segment primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. The Ford Credit segment consists of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. Its vehicle brands are Ford and Lincoln.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
